Keiyo Gas Co (TSE:9539) Cyclically Adjusted PS Ratio: (As of Aug. 03, 2026)

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TSE:9539 Keiyo Gas Co Ltd TSE:9539
66 GF Score
Price 円1,458.00
GF Value 円889.49
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Keiyo Gas Co Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Keiyo Gas Co  (TSE:9539) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Keiyo Gas Co Cyclically Adjusted PS Ratio Related Terms


Keiyo Gas Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Keiyo Gas Co's Cyclically Adjusted PS Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Keiyo Gas Co Cyclically Adjusted PS Ratio Chart

Keiyo Gas Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.41 0.25 0.28 0.00 0.00

Keiyo Gas Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.33 0.33 0.00 0.00 0.00

TSE:9539 vs ATO, NI: Cyclically Adjusted PS Ratio Comparison

For the Utilities - Regulated Gas subindustry, Keiyo Gas Co's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Keiyo Gas Co Cyclically Adjusted PS Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Keiyo Gas Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Keiyo Gas Co's Cyclically Adjusted PS Ratio falls into.


TSE:9539
66GF Score
Keiyo Gas Co Ltd TSE:9539
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Keiyo Gas Co Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Keiyo Gas Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Keiyo Gas Co's adjusted Revenue per Share data for the three months ended in Dec. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=0/113.0000*113.0000
=0.000

Current CPI (Dec. 2025) = 113.0000.

Keiyo Gas Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201512 631.222 98.100 727.096
201603 857.529 97.900 989.793
201606 584.022 98.100 672.727
201609 486.328 98.000 560.766
201612 588.595 98.400 675.927
201703 820.044 98.100 944.597
201706 612.834 98.500 703.048
201709 500.342 98.800 572.254
201712 673.960 99.400 766.172
201803 895.792 99.200 1,020.408
201806 621.717 99.200 708.206
201809 529.198 99.900 598.592
201812 679.907 99.700 770.607
201903 958.228 99.700 1,086.056
201906 713.038 99.800 807.348
201909 622.813 100.100 703.076
201912 659.850 100.500 741.921
202003 903.183 100.300 1,017.544
202006 674.706 99.900 763.181
202009 565.985 99.900 640.203
202012 612.451 99.300 696.948
202103 862.746 99.900 975.879
202106 633.835 99.500 719.833
202109 574.998 100.100 649.099
202112 716.861 100.100 809.244
202203 1,111.896 101.100 1,242.772
202206 813.435 101.800 902.929
202209 755.279 103.100 827.803
202212 1,012.657 104.100 1,099.234
202303 1,360.970 104.400 1,473.081
202306 862.105 105.200 926.025
202309 742.217 106.200 789.741
202312 855.357 106.800 905.013
202403 1,153.413 107.200 1,215.818
202406 838.029 108.200 875.206
202412 0.000 110.700 0.000
202503 1,172.478 111.100 1,192.529
202506 859.489 111.700 869.492
202509 0.000 112.000 0.000
202512 0.000 113.000 0.000

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

Is Keiyo Gas Co (TSE:9539) Overvalued in 2026?

Based on GuruFocus' analysis, Keiyo Gas Co stock appears to be overvalued. The current stock price of 円1,458.00 is trading 63.9% above its estimated GF Value™ of 円889.49. GuruFocus considers Keiyo Gas Co to be Significantly Overvalued.

Key valuation signals for TSE:9539:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: 円889.49 vs. price of 円1,458.00 (63.9% above fair value)
  • GF Score™: 66/100 with 7 warning signs

No single metric tells the full story. See the TSE:9539 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Keiyo Gas Co Business Description

Address 2-8-8 Minami Ichikawa, Chiba Prefecture, Ichikawa, JPN, 272-8580
Keiyo Gas Co Ltd is engaged in gas business. The company produces, process and sells gas byproducts. It is also engaged in production, sales, rental, installation, repair, maintenance and management of gas appliances, kitchen equipment, water supply, and drainage equipment, air conditioning equipment and housing equipment.
66GF Score

Get the complete analysis for TSE:9539

Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円1,458.00
Price
円889.49
GF Value